Market news first: FNMA 4.0% bond is DEAD even on the day. The mortgage backed security is trading at $99.72.
Fears in Europe have pretty much run their course and the investors affected have moved their monies around. (Greek bonds were downgraded to "JUNK" by moody's today.) Oil is UP on the day but only to $75.07/barrel and gold is back to $1223/oz. The Dow is at 10,191 and we are just minutes from the end of the session as I write this.
Cheers,
Chad
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Chad Schauers
Montana Mortgage Lender, Bozeman, Montana
Personal Cell: 406 799 8613
Personal Email: metchad@gmail.com